What is a dashboard? What makes it so important in the talent management world? According to Peter McFadden’s, CEO of Excel Dashboard Widget, “What is Dashboard Reporting”, a dashboard is “an easy to read, often single page, real-time user interface, showing a graphical presentation of the current status (snapshot) and historical trends of an organization’s key performance indicators to enable instantaneous and informed decisions to be made at a glance.” I know, that is a hefty definition; however it answers both questions.
A good dashboard is the graphical presentation of the current status of your most important data as well as the ability to see historical trends. They display things like the current status of job postings, performance evaluations, learnings, and development plans. This will allow you to ensure that the individuals in your organization are aligning with the business goals. They also display compensation plans, workforce plans, and performance data within a specified date range to be viewed at a glance. This will allow you to see the trends of you organization throughout time. Most often, all of this data is displayed on a single page to promote ease of use.
Dashboards are important to talent management because they are easy to read, give real-time data, and enable the user to make instant and informed decisions at a glance. I think most of you would agree that any tool that allows individuals in your organization to make informed decisions quickly... is invaluable.
In conclusion, . When looking for a good one, place importance on the functionality and ease of use. It is easy for us to get distracted by something pretty. We should always remember that the display of appropriate data that is up to date and easily accessible from anywhere is the key to a good dashboard. If it looks sleek and sexy too… that is a bonus.
Related Post: Talent Management Software